Why is Revathi Equip falling/rising?

As of 20-Jun, Revathi Equipment India Ltd is experiencing a decline in its stock price, currently at 986.90, reflecting a decrease of 20.1 points or 2.0%. The stock has underperformed its sector today by 1.08% and has been on a downward trend, having fallen consecutively for one day with no returns during this period. The stock has shown high volatility today, with an intraday volatility of 8095.95%. Over the past week, Revathi Equipment has seen a significant drop of 9.60%, while its performance over the past month has been relatively better at an increase of 11.11%. However, year-to-date, the stock has plummeted by 50.32%. Despite a high return on equity (ROE) of 29.13% and a low debt-to-equity ratio, the stock's profits have decreased by 35% over the past year, contributing to its current decline.
In the broader market context, the Sensex has shown a positive return of 1.59% over the past week and 1.74% over the past month, indicating that the overall market is performing better than Revathi Equipment. The stock's year-to-date performance is significantly lagging behind the Sensex, which has gained 6.21% during the same period. This stark contrast highlights the challenges faced by Revathi Equipment, particularly in light of falling investor participation, as evidenced by a 32.29% drop in delivery volume compared to the five-day average. The stock's liquidity remains adequate for trading, but the combination of high volatility and declining profits suggests that investor confidence may be waning, leading to its current price decline.